Call reports 2021
FIRST FEDERAL BANK — 2021
What FIRST FEDERAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 862,456,000 | 867,513,000 | 910,890,000 | 950,963,000 |
| Total loans | 393,969,000 | 408,673,000 | 407,811,000 | 420,899,000 |
| Allowance for loan losses | 7,981,000 | 8,687,000 | 8,828,000 | 8,833,000 |
| Securities available for sale | 295,588,000 | 340,983,000 | 334,690,000 | 323,184,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 749,950,000 | 753,807,000 | 798,626,000 | 837,794,000 |
| Interest-bearing deposits | 591,597,000 | 604,192,000 | 635,671,000 | 668,498,000 |
| Noninterest-bearing deposits | 158,353,000 | 149,615,000 | 162,955,000 | 169,296,000 |
| Equity capital | 94,991,000 | 98,099,000 | 96,963,000 | 97,864,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 6,476,000 | 13,213,000 | 19,600,000 | 25,844,000 |
| Interest expense | 527,000 | 970,000 | 1,391,000 | 1,819,000 |
| Net interest income | 5,949,000 | 12,243,000 | 18,209,000 | 24,025,000 |
| Noninterest income | 1,925,000 | 3,469,000 | 5,035,000 | 6,448,000 |
| Noninterest expense | 4,211,000 | 8,246,000 | 12,132,000 | 16,007,000 |
| Provision for loan losses | 553,000 | 1,155,000 | 1,155,000 | 1,155,000 |
| Pretax income | 3,103,000 | 6,420,000 | 10,121,000 | 13,494,000 |
| Income tax | 232,000 | 491,000 | 741,000 | 951,000 |
| Net income | 2,871,000 | 5,929,000 | 9,380,000 | 12,543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 83,050,000 | 83,692,000 | 85,271,000 | 86,521,000 |